Exchange of holiday bonus for leave Sample Clauses

Exchange of holiday bonus for leave. 1. If a senior salaried employee and the employer agree in writing that a holiday bonus is exchanged for corresponding paid leave, the full holiday bonus for a 24-day (four-week) annual leave shall correspond to a leave of 12 weekdays (two weeks).
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Related to Exchange of holiday bonus for leave

  • Number of Holidays (The following clause is applicable to full-time employees only) There shall be twelve (12) holidays and these holidays are set out in the Local Provisions Appendix. Should the Hospital be required to observe an additional paid holiday as a result of legislation, it is understood that one of the existing holidays recognized by the Hospital shall be established as the legislated holiday after discussion with the Union, so that the Hospital's obligation to provide the number of paid holidays as noted above remains unchanged.

  • Holiday Coinciding with a Day of Vacation Where an employee is on vacation leave and a day of paid holiday falls within that period, the paid holiday shall not count as a day of vacation.

  • Designation of Holidays 1. Except when normal operations require, or in an emergency, non-suppression personnel shall not be required to work on the following days, which are hereby declared to be holidays for such employees: ▪ New Year's Day, January 1; ▪ Xxxxxx Xxxxxx Xxxx, Xx.'s Birthday; ▪ Presidents' Day, the third Monday in February; ▪ Memorial Day, the last Monday in May; ▪ Independence Day, July 4; ▪ Labor Day, first Monday in September; ▪ Columbus Day, the second Monday in October; ▪ Veteran's Day, November 11; ▪ Thanksgiving Day; ▪ The Day After Thanksgiving; ▪ Christmas Day, December 25; ▪ Any day declared to be a holiday by proclamation of the Mayor after declared by the Governor of the State of California or the President of the United States.

  • Compensation for Work on a Holiday (a) Where an Employee is regularly scheduled to work, in accordance with Article 14, and her regularly scheduled day of work falls on a paid holiday, as defined in Article 18.01, she shall receive compensation equal to two and one-half (2 ½) times her regular rate of pay as follows:

  • Accrued 100% sick leave The use of sick leave under this subsection is at the employee's discretion.

  • Compensation for Holidays Falling Within Vacation Schedule If a paid holiday falls on or is observed during an employee's vacation period, he/she shall be allowed an additional vacation day with pay at a time mutually agreed upon by the Employer and employee.

  • Vacation Leave on Retirement ‌ An employee scheduled to retire and to receive pension benefits under the Public Service Pension Plan Rules or who has reached the mandatory retiring age, shall be granted full vacation entitlement for the final calendar year of service.

  • HOLIDAY COMPENSATION FOR TIME WORKED 126. Employees required by their respective appointing officers to work on any of the above specified or substitute holidays, excepting Fridays observed as holidays in lieu of holidays falling on Saturday, shall be paid extra compensation of one additional day's pay at time- and-one-half the usual rate in the amount of 12 hours pay for 8 hours worked or a proportionate amount for less than 8 hours worked provided, however, that at the employee's request and with the approval of the appointing officer, an employee may be granted compensatory time off in lieu of paid overtime as provided for elsewhere in this contract. 127. Executive, administrative and professional employees designated in the Annual Salary Ordinance with the "Z" symbol shall not receive extra compensation for holiday work but may be granted time off equivalent to the time worked at the rate of-one-and-one-half times for work on the holiday.

  • Annual Holidays (i) On completion of 12 months continuous service an employee shall be entitled to annual paid leave of 4 working weeks.

  • Compensation for Holidays Falling on Scheduled Days Off 1. When a holiday falls on a full-time employee's regularly scheduled day off, the employee shall receive eight (8) hours of compensatory time.

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